PenFed Online

Service Fees

Current as of

Regular Share, Premium Online Savings, and Money Market Savings Account

Check Stop Payment (Individual) ............................................................................ 15.00 ($20.00 eff. 8/3/19)

Check Stop Payment (Sequential Series) ........................................... 25.00 ($30.00 eff. 8/3/19)

Returned Deposited Check ............................................................................ 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) ........ 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ......................................................................................... 30.00
  • Uncollected Funds (Deposits on hold) ................................................... 10.00

MMSA Excessive Transactions ..................................................................... 10.00

Share and Money Market Savings Account:

  • Out of Network* ATM Withdrawal Fee .................................................... 1.50
  • Out of Network* ATM Balance Inquiry Fee ........................................... 1.00
  • International Transaction Fee ................... up to 2% of transaction amount

Checking Accounts

Access America

Monthly Service Charge ................................................................................. 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (each) ......................................................................... 15.00

  • Two or more simultaneous stop payments ........................................ 25.00

Returned Deposited Check ............................................................................ 5.00

Returned Inbound Electronic Transfer (Originated at PenFed)..... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ............................................................................................ 30.00
  • Uncollected Funds (Deposits on hold) ....................................................... 10.00

Bill Pay ............................................................................................................................ FREE

Check Ordering (per order) ............................................................................... 5.00

International Transaction Fee ........................ up to 2% of transaction amount.

Complete Access

Monthly Service Charge.................................................................................... 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (each) ............................................................................. 15.00

  • Two or more simultaneous stop payments  ........................................... 25.00

Returned Deposited Check ............................................................................... 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) .... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ................................................................................................ 30.00
  • Uncollected Funds (Deposits on hold) ...........................................................10.00

Bill Pay .............................................................................................................................. 5.00

Check Ordering (per order) ................................................................................. 6.82

International Transaction Fee .................................. up to 2% of transaction amount.

PenCheck Plus

Monthly Service Charge ........................................................................................ 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (each) .............................................................................. 15.00

  • Two or more simultaneous stop payments ............................................... 25.00

Returned Deposited Check .................................................................................. 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) .... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ................................................................................................ 30.00
  • Uncollected Funds (Deposits on hold) .......................................................... 10.00

Bill Pay ................................................................................................................................ 8.95

Check Ordering (per order) .................................................................................... 16.25

Out of Network* ATM Withdrawal Fee ............................................................. 1.50

Out of Network*  ATM Balance Inquiry Fee ................................................... 1.00

International Transaction Fee .................................. up to 2% of transaction amount.

PenCheck Net

Monthly Service Charge ........................................................................................ 10.00
No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Check Stop Payment (each) ................................................................................. 15.00

  • Two or more simultaneous stop payments ................................................. 25.00

Returned Deposited Check .................................................................................... 5.00

Returned Inbound Electronic Transfer (Originated at PenFed) ...... 30.00

Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit

  • Non-sufficient Funds ................................................................................................... 30.00
  • Uncollected Funds (Deposits on hold) ............................................................. 10.00

Bill Pay .................................................................................................................................. 4.50

PenCheck Net Fee is waived if you maintain an average monthly balance of at least $5,000 in the account.

Check Ordering (per order) ..................................................................................... 16.25

Out of NetworkATM Withdrawal Fee ............................................................... 1.50

Out of Network* ATM Balance Inquiry Fee ...................................................... 1.00

International Transaction Fee ............................. up to 2% of transaction amount.

 

*For a complete listing of PenFed ATMs and surcharge fee-free ATM locations visit https://www.penfed.org/locations

 

Credit Cards

Convenience Check Stop Payment (each).................... 15.00

Two or more simultaneous stop payments............. 25.00

Late Payment Fee (per billing cycle)†

Balance less than $1,000............................... up to 10.00

Balance $1,000–$2,000................................ up to 20.00

Balance greater than $2,000.......................... up to 25.00

Returned Payment, Check or ACH†..................... up to 25.00

Balance Transfer Fee†......................3% of Transferred Balance

Returned Deposited Check....................................... 5.00

Returned Inbound Electronic Transfer(Originated at PenFed)......................................................... 30.00

Returned ACH (Originated at another financial institution),Check, or Preauthorized Debit

Loans

Returned Loan Payment, Check or ACH..................... 30.00

Late Charge on Loans (per payment) .................................5 min. / 25 max. (eff. 8/3/19, $20 min. / $25 max) 

Thrifty Credit Service, Tax-Smart College Line, &
Personal Line of Credit Over Limit Fee (each time) ............ 15.00

Automobile Lien Placement Charge.........Actual Fee Incurred

Equity Line of Credit

Convenience Check Stop Payment (Individual) ..................... 15.00

Check Stop Payment (Sequential Series)............. 25.00

Over Credit Limit (per month)............................................ 10.00

Returned Check ........................................................ 30.00

Returned Loan Payment, Check or ACH..................... 30.00

Late Charge......................................5% of Past Due Amount

Mortgage and Equity Loans

Late Charge ...........................As provided in promissory note

Returned Loan Payment, Check or ACH......................30.00

Services

Mailed Consolidated Statement of Accounts............... (Per statement): 1.00 ($2.00 eff. 8/3/19)

This fee is waived if you: (1) receive your statements electronically; (2) have a PenFed checking account with a monthly direct deposit of at least $500; or (3) maintain a minimum daily balance of $500 or more in your PenFed checking account.

Mailed Credit Card Statement.................................... 1.00 

Fee is waived if you receive your statements electronically.

Statement Copy (each) ................................................. 1.00 ($3.00 eff. 8/3/19)

Check Copy (each, after first four free).................................... 1.00

Western Union Money Order...................................... 12.00

Domestic Wire Transfer.............................................................. 20.00 ($25.00 eff. 8/3/19)

International Wire Transfer.......................................... 30.00

ACH Transfer via Member Service.............................. 5.00 

There is no fee for ACH transfers initiated at PenFed.org

Real Estate Subordination Request.............................100.00

Maintenance

Bad Address/Inactive Accounts (per quarter).................... 15.00

Garnishment or Levy Fee........................................... 20.00

Account Research (per hour).......................................... 10.00

 

 ‡Except where prohibited by law.

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